Asked by AR
Missy bought 300 shares of GAM Corp. for 14 1/2 per share. What was the
total purchase price of the stock if she had to pay a 1% commission to
her stockbroker?
total purchase price of the stock if she had to pay a 1% commission to
her stockbroker?
Answers
Answered by
drwls
1.01 x 300 x 14.50 =___
Stock purchase commissions are usually not a percentage, but that is the way they want you to do it.
Stock purchase commissions are usually not a percentage, but that is the way they want you to do it.
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